Announcement
31 Dec 2022
In December 2022, the government of Indonesia injected an IDR 3.2 trillion (USD 205.8 million) into PT Kereta Api Nasional (KAI) in the form of state equity participation to improve the capital and business capacities of the company and to cover the shortfall in costs for the development of Jakarta-Bandung high-speed train.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
31 Dec 2022
Revocation date:
No revocation date
Announced: 31 Dec 2022
Equity stake
In force
On 31 December 2022, the government of Indonesia issued Government Regulation No. 62/2022, injecting an IDR 3.2 trillion (USD 205.8 million) to PT Kereta Api Nasional (KAI) in the form of state equity...
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